Salt Textile Company Receivership: Victor Achelis Preferred Lien
Frederick Victor and Achelis of New York win a court hearing to continue as factors for Salt's Textile Company and obtain a first lien on all finished products. The arrangement follows the appointment of Willan T. Smith as receiver, reflecting ongoing financial instability and the bankers securing advances with liens amid creditors and bondholders.
MENTIONED IN THIS ARTICLE
Frederick Victor & Achelis
New York
Salt’s
United States
Thomas
Norwalk
Messrs Vietos & Aphelis
John S. Pullman
Ihey
Victor & Acelis
Fourt
Willan T. Smith
Ius
Messrs. Vietor & Achelis
Messia, Vietor & Arheligs
RUMORED DIVIDEND HIT BAKING SHARES HARD
New York traders watched baking stocks slide on rumors of a dividend cut. Continental Baking tumbled to 68 1 2, later near 12, while General Baking fell to 48 4, with a net loss on the day. Otis and Venezue la Petroleum showed activity amid crude price moves as minor shifts in the market accompanied a few steel and mining names.
MENTIONED IN THIS ARTICLE
New York
Otis
Venezueela Petroleum
Isaae
Lagunillis
Tyrant
Rickenbarger
Feve At & Ang
Canada
Courtaulds, Ltd
Glenalrden Coal
United Gas Improvement
Golden Center Mines
Tin Candle Creek Placer Bold Mines
Nome
Alaska
Metal market report from New York NY May 17
Metal prices steady to firm across copper tin lead zinc and antimony in New York bullion markets. Spot and near term copper traded 14 to 15 cents, tin hovered around 62 and futures 59, lead near 7.75 to 7.80, zinc firmer at 6.85 to 6.95 in East St. Louis markets.
MENTIONED IN THIS ARTICLE
Nyy York
East St. Louis
New York Office Linked by Private Wire to Major Cities
Our New York Office is connected by private wire to our own offices and key investment institutions in Albany Atlanta Augusta Baltimore Boston Bridgeport Buffalo Chicago Cincinnati Cleveland Columbus Detroit Elmira Grand Rapids Jacksonville Los Angeles Louisville Milwaukee Nashville New Orleans Philadelphia Pittsburgh Portland Rochester San Francisco Savannah Scranton Seattle Syracuse Wilmington and other locations.
MENTIONED IN THIS ARTICLE
New York
Albany
Atlanta
Augusta
Baltimore
Boston
Brideport
Buffalo
Chicago
Cincinnati
Cleveland
Columbus
Detroit
Elmira
Grand Rapids
Jacksonville
Comprehenaire Amee Studing
Tailitier
Los Angeles
Louisville
Milwaukee
Nashville
New Orleans
Philadelphia
Pittsburgh
Portland
Rochester
San Francisco
Savannah
Scranton
Seattle
Syracuse
Wilmington Oatment Agertvice
Vestern
Polish Bonds Strengthened By Belief Order Is Restored
New York May 17 AP trading in the bond market was quiet with few groups driving activity. Foreign obligations attracted attention due to European developments as belief that a powerful order easing conditions had been renewed supported some gains, while French and Belgian holdings softened amid debt talks. News of a potential $130 million Brazilian loan and further financing for German steel firms sparked broader market moves, with select corporates like Warner Sugar and Wheeling & Lake Erie showing mixed shifts. Oils rose on higher crude prices and a Baltimore city bonds offering was announced for tomorrow.
MENTIONED IN THIS ARTICLE
New York
Harrow
Uiter
Etruhanses
Dillon, Read & Company
Warner Snogar
Hegers Brown
Wheeling & Lake Erie
National City Company
City of
Banda
DuPont
Allied Chemical
American Sugar Refining
General Electric
General Motors
International Paper
Grose
Erie
Stock Prices Rally After Morning Slump in New York
In a brisk afternoon session on May 17, the stock market closed higher after an earlier heavy spell. Rail and industrial averages rose, with consolidation seen in oil stocks while several rubber and motor shares hit new yearly lows. Gold, currencies, and commodities showed mixed moves as investors reacted to French franc weakness and positive earnings signals.
MENTIONED IN THIS ARTICLE
York
Cinier
Real Estate Market Activity Slows From February Peak
Real estate activity in March showed a decline from February’s record high, as the Index of Market Activity from the Natural Association of Real Estate Heads reports deed transfers and conveyances. February set the record high for any month, with March 1924 still above the March 1923 level and the year’s early rise tied to a construction boom, with future trends hinging on construction industry direction.
Wheat Prices Slide Amid Southwest Crop News
Chicago May 17 AP Wheat futures fell sharply as traders cleared positions on good southwest crop prospects. Corn and oats followed lower while hogs provided strength to provisions. Rain potential and weak foreign finances tempered any rally as May wheat neared month end with limited visible supply.
MENTIONED IN THIS ARTICLE
Chucago
Oklahoma
Kansas
Texas
United States
Northwest
May
Chicago
Foreign exchange rates reported in New York May 17
The daily foreign exchange table lists international demand and cable rates in cents for multiple countries and cities including Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czechoslovakia Jugoslavia Austria Roumania Argentina Brazil Tokyo Shanghai Montreal Portugal with varied bid figures. Specific values show both demand and cable quotes, illustrating currency market activity in mid May.
MENTIONED IN THIS ARTICLE
New York
Great Britain
France
Italy
Cabies
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Roumania
Argentina
Brazil
Tokyo
Shanghai
Montreal
Portugal
New York Produce Prices May 17 AP Report
New York May 17 AP Butter prices steady with 5 104 receipts Creamery higher than extras and firsts met 88 to 92 scores Eggs steady with 20 306 receipts Fresh gathered and storage packed Price ranges listed for various egg grades Hennery whites and Pacific coast whites noted Potatoes stronger Mime old bulk 190 lb at 7.00 to 8.00 Florida new No 1 barrel 10 26 to 11.00 Cabbages dull South Carolina 11 2 bushel hamper white Florida listings included
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Florida
South
Carolina
Realty Deeds and Mortgage Transfers Listed in Local Records
Warranty deeds record Antonio Vene transferring Hollister avenue to John Vena and Patrick Bullivan conveying Lewis street to Betink Mc Guire. Mortgage deeds show Olive Tabterday granting Montgomery street realty to Bacon Wake man and James Dinicolo listing Stratford avenue property to Peoples Savings bank. Quit claim transfers include Gueele Shapiro to Zellick Shapiro on Amith street and Edward Quinn to Jessie O'Neil on Salem street.
MENTIONED IN THIS ARTICLE
Antonio Vene
John Vena
Hollister Avenue
Patrick Bullivan
Betink McGuire
Lewis Street
Olive Tabterday
Bacon Wakeman
Montgomery Street
James Dinicolo
Peoples Savings Bank
Stratford Avenue
Cornelius Reinhardt
Harry Sching
Jane Street
Isador Sherman
Julian Schine
Goodsell Street
Gueele Shapiro
Zellick Shapiro
Money market steady on New York Call Money
Money New York reports call money steady with high 8 8-4 and low 3 3-4, ruling rate 3 8-4, last loan 3 4, and call loans against acceptances at 21-4. Time loans steady with mixed collateral, 80-90 days at 4, 4-6 months at 4, and prime mercantile paper at 4.
MENTIONED IN THIS ARTICLE
New York
Cotton futures steady as spot quiet in New York
Cotton market reports quiet spot trading in New York with middling at 12.70 cents. Futures closed steady with July at 18.26, October at 17.40s, December 17.44, January 17.49, March 17.49, reflecting narrow daily changes.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds Market Update May 17 in New York
Liberty bonds quoted with varying prices across issues. Key tags show Liberty 3 1 2 at 100.27, First Liberty 4s at 109.19, Second Liberty 45 at 100.17, First 4 1-49 at 102.23, Second 4 1-43 at 100.08, Third 4 1-45 at 101.10, Fourth 4 1-48 at 103.7, U S Treasury 3 3 45 at 101.18, U S Treasury 48 at 104.11, U S Treasury 4 1-46 at 19.13.
MENTIONED IN THIS ARTICLE
New York
Vick Chenelax
Huatness
Tbs
Tisig
Harvest
Partic
Ward
Baking
Warner Bros
Amba Juneau
Thay
Ant Paper
Pacific
Ally Chalmers
West Air
Jordan Motors Lts
Kan City
Houth Ity Ct
Aim Henk
UG Am Rest Buy Ag
White Metor Co
Wilson & Co
Keystone
Woolworth
Pyar Y Itis
Felin Fink
Sam Ry
Myers
Hilde Leni
Lima
Gary
Aft Inc Vlous
Bath Ba
Lago Oil & Tans
Fran Vo Eng Inter Corp Yam
Lambert Ea
Louie
Bilec
Magma
Manila Lee Corp
Marin Rockwell
Maytoe Co
Middle States
Armour Ue
del Core
Pacific Fe
Armour Co
Amod Cae Corp A
Ward i
Artoom Corpah
Manon Motor Cac Bos
Ann Dow
Tup & O Vata
Murray Hody Corp A
Ity Boo Atchison Poe
Atlas Powde
Nat Dairy
Austin Niehoe Co
Bay
Kat Dept
Baltimore
Ohio
RG Ld
Enam
Harnedal Corp
National Ead
Jon National Supply
Beth Stee
Bao Control Camere
Hiklyn
Aboe
Asia
Brunewirk
Yoo
Murr
SN x
Cumers Pte
Butte Coy Zinc
Ana i
Ntt
Harlem
Minne
Falin
Butter
Owens
Pan Am West
Chicago
Tilford
Mil &T
Pierce AtTow
BOY
Plerce Attow PR Bay
Berra Fy
Consel Distributors
Conecl
Conan Textile
Puiman Co
Nebbn Tiadto Carp
Tneurancs
Cosp
Continental Motor
Neg Raalte and Securitien
Rte Am
Cuba
Royal Cut
Tavison
Bebuke Het
Dodge Boa
Bearn Truedic Bis Abia
Eisentohr Bros
Wuayapa Shell Tr
Ashy
Shell Union O
Shell Union
Mig AG
Shubert A Co
Suamona
Anea Simma Petroleumiv
Edicott Johns
Erie
Souther Ky
Eureka
Southern Dairies
Board of Chl New Oa Beaty
South Porto
Asd
Didlu
Klee
Firat Nat Stores
Sten Gas
Elen
Fletach Co
Stumia
Foundation Co
Texas Oy
Stewart Wai
Fabel Raubber
Btromberg
Brudebaker
Ien Motors
Gimbel Bron
Gildden Co
Timken
Gol Dust
Grotrich Bof
Travweunt Gil Ne
Gondych Co
Enterwood
Goodyear
Tnion
Cal Hin & Wath
Ir Ore O aDom Union N FO
Fireen Bay West
United Aly Steel
Guantanamo
Bob North
United Fruit Tidy
Gulf Btaten Steel
Hartman
Indian Refining
Vanadium Corp
Liberty
Treasury
Treasury balance shows 305 722 940 05 in fund
The daily statement from the U S Treasury reports a general fund balance of 305 722 940 05 dollars as of today in Washington Mary 7.
MENTIONED IN THIS ARTICLE
Washington
Also Mentioned on This Page
Salt's Bankers
Lenson Company
Victor
Achelis
Metal Market
Hemphill
Noyes
Broney
Fidelity Loan Corp
Middle St
Joho St
State of Connecticut
Bridgeport
Westport
Fairfield
Stratford
Miiford
Guaranty and Trust Co
It National Bank
Cons
Bears
Hanmer Motors
Prn
Hudson
Motor
Shorts
Chandler-Cleveland
Continental Motors
Dodge Brothers A
Eaton Axle
Hayes Wheel
Jordan
Motor Wheel
Stewart Warner
Stromberg
Woyllis Overland
Standard Oil Company of
New Jeresey
Atlantic Refining
Sage
Associated Press
Monza
Caaninot
N.Y
Colonia
Cail
the Colonial Bond and Mortgage Company
Chapel Street
New Haven
Connecticut
Colony
Uservision of
Connecticut Bank Commies
Morthane Banda
American Bond & Mortcace Co
Madison Avenue
New York City
Charles I. Crosby
Investment Securities
City Savings Bank
Bridgeport Telephone Barnum
State Banklog Commissioner
Noble
England Equity Corporation
Franklin Block
State Street
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